According to a press release, Geometric Energy Corporation (GEC) made history by paying Elon Musk’s SpaceX to launch its lunar payload in meme cryptocurrency Dogecoin.
This article was originally published by Insider Paper.com.
Elon Musk was not kidding about sending Dogecoin to the Moon.
Geometric Energy Corporation (GEC) announced today the DOGE-1 Mission to the Moon—the first-ever commercial lunar payload in history paid entirely with DOGE—will launch aboard a SpaceX Falcon 9 rocket.
Geometric Energy Corporation’s DOGE-1 Mission to the Moon will involve Geometric Space Corporation (GSC) mission management collaborating with SpaceX to launch a 40kg cubesat as a rideshare on a Falcon 9 lunar payload mission in Q1 2022. The payload will obtain lunar-spatial intelligence from sensors and cameras on-board with integrated communications and computational systems.
“Having officially transacted with DOGE for a deal of this magnitude, Geometric Energy Corporation and SpaceX have solidified DOGE as a unit of account for lunar business in the space sector,” said Geometric Energy’s Chief Executive Officer Samuel Reid.
“This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce,” said SpaceX Vice President of Commercial Sales Tom Ochinero. “We’re excited to launch DOGE-1 to the Moon!”
Indeed, through this very transaction, DOGE has proven to be a fast, reliable, and cryptographically secure digital currency that operates when traditional banks cannot and is sophisticated enough to finance a commercial Moon mission in full. It has been chosen as the unit of account for all lunar business between SpaceX and Geometric Energy Corporation and sets precedent for future missions to the Moon and Mars.
POINTBLANK LLC, Mimir Solutions, and Iteration Syndicate (ITS) will collaborate with Geometric on software and hardware design for the mission. Additional payload space will be allocated to include digital art in the form of space plaques provided by GeometricLabs Corporation and Geometric Gaming Corporation.